American Bitcoin Shares Rise on Latest Bitcoin Buys
By Dean Seal
Shares of American Bitcoin rose after the bitcoin-accumulation company bought another tranche of the cryptocurrency.
The stock was up 11.5% at $6.26 on Monday.
The Miami-based company said before the opening bell that it had acquired 1,414 bitcoin between Sept. 1 and Oct. 24, and now holds about 3,865 from both mining and strategic purchases
The company didn't say what the average cost of the latest round of purchases was.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
October 27, 2025 11:51 ET (15:51 GMT)
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